IRS Kicks Off 2012 Tax Season with Deadline Extended to April 17
by AccountingWEB on
IRS YouTube Video: Tax Tips: April 17 Tax Deadline
On January 4, the Internal Revenue Service (IRS) announced that taxpayers have until April 17, 2012, to file their tax returns. The IRS encourages taxpayers to e-file as it's the best way to ensure accurate tax returns and get faster refunds.
The IRS also announced a number of improvements to help make this tax season easy for taxpayers, including new navigation features and helpful information on IRS.gov. A new pilot program to allow taxpayers to use interactive video to get help with tax issues also has been launched (see the Virtual Service paragraph below).
"At the IRS, we're working hard to make the process of filing your taxes as quick and easy as possible," said the IRS Commissioner, Doug Shulman. "Providing quality service is one of our top priorities. It not only reduces the burden on taxpayers, but also helps in filing an accurate return right from the start."
Taxpayers will have until Tuesday, April 17 to file their 2011 tax returns and pay any tax due. This is because April 15 falls on a Sunday, and Emancipation Day, a holiday observed in the District of Columbia, falls on Monday, April 16. According to federal law, District of Columbia holidays impact tax deadlines in the same way that federal holidays do; therefore, all taxpayers will have two extra days to file. Taxpayers requesting an extension will have until October 15 to file their 2011 tax returns.
The IRS expects to receive more than 144 million individual tax returns this year, with most of those being filed by the April 17 deadline.
The IRS will begin accepting e-file and Free File returns on January 17, 2012. Additional details about e-file and Free File will be announced later this month. IRS Free File provides options for free brand-name tax software or online fillable forms, plus free electronic filing. Everyone can use Free File to prepare a federal tax return. Taxpayers who make $57,000 or less can choose from approximately twenty commercial software providers. There's no income limit for Free File Fillable Forms, the electronic versions of IRS paper forms. The same applies to free e-filing.
The IRS also reminds paid tax return preparers they must have and include a Preparer Tax Identification Number (PTIN) on all returns they prepare. All PTINs must be renewed for 2012. Tax return preparers can obtain or renew PTINs online.
The IRS continues to focus on taxpayer service. The best way for taxpayers to get answers to their questions is by visiting the IRS website. The front page of the site has been updated to make it easier for taxpayers to get key forms, information, and to file their tax returns. The front page also has links to taxpayer-friendly videos on the IRS YouTube channel. More improvements are planned for IRS.gov in the months ahead.
Last year, the IRS unveiled IRS2Go, its first smartphone application that lets taxpayers check on the status of their tax refunds and obtain helpful tax information. The IRS reminds Apple users that they can download the free IRS2Go application by visiting the Apple App Store, and Android users can visit the Android Marketplace to download the free IRS2Go app.
Individuals making $50,000 or less can use the Volunteer Income Tax Assistance program for free tax preparation and, in many cases, free electronic filing. Individuals age sixty and older can take advantage of free tax counseling and basic income tax preparation through Tax Counseling for the Elderly.
For tax law questions or account inquiries, taxpayers can also call one of our toll-free numbers (7:00 a.m. to 7:00 p.m. your local time) or visit a Taxpayer Assistance Center, the locations of which are listed on IRS.gov.
The IRS has begun a new pilot program where taxpayers can get assistance through two-way video conferencing. The IRS is conducting a limited roll-out of this new video conferencing technology at ten IRS offices and two other sites, and it may expand to additional sites in the future. A list of locations is available on IRS.gov.
Check on a Refund
Once taxpayers file their federal returns, they can track the status of their refunds by using the Where's My Refund? tool. Taxpayers can also use the IRS2Go phone app. By providing their Taxpayer Identification Number, filing status, and the exact whole dollar amount of their anticipated refunds, taxpayers can generally get information about their refunds seventy-two hours after the IRS acknowledges receipt of their e-filed returns or three to four weeks after mailing a paper return.
- E-filing Mandate Tightens for Firms Handling Fiduciary Tax Returns
- IRS Reaches Milestone of 1 Billion e-filed Tax Returns
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